National Assembly (NA) President Tran Thanh Man on August 17 called for tighter safeguards and clear accountability in the banking sector, stressing that the management agency role of commercial banks must not become a “safety certificate” for corporate bonds.

The Government has introduced a new regulatory framework governing private corporate bond offerings in the domestic market and bond issuance in overseas markets, with stricter requirements on the use of proceeds and greater accountability for issuers.

Vietnamese banks have significantly increased their bond issuance in 2025, with a reported total issuance of VND81 trillion (US$3.1 billion) in the first five months of the year.